The seasonally adjusted unemployment rate in the 17-nation eurozone was 12.0% in December, according to Eurostat, the statistical office of the European Union. The rate has been stable since October, ... Read Full Story »

If unemployment is at the foundation of measurements of national economic health, then the euro area and European Union remain crippled with little hope in sight for a recovery. According ... Read Full Story »

If the European economy has improved at all, it has not shown up in unemployment numbers among the region's weakest nations. According to Eurostat, within the region: Among the Member ... Read Full Story »

The European Union’s (EU) statistical agency, Eurostat, reported this morning that industrial production in May for the 17 countries of the eurozone fell by 0.3% month-over-month and by 1.3% year-over-year. ... Read Full Story »

High European Unemployment Eurostat reported that unemployment in 17-nation euro area continues to hover at 12%. It is worth remembering that, at the depths of the recession, U.S. joblessness barely ... Read Full Story »

Europe Returns to Recession Europe has dropped into recession or nearly so. Eurostat reported that third-quarter gross domestic product in the euro-area fell 0.1%, compared with the second quarter. Among ... Read Full Story »

Eurostat, the European Union's official statistics agency, said today that industrial production in the 17 eurozone countries was 0.6% higher in July than in June, but 2.3% lower than in ... Read Full Story »

Flash estimates published by Eurostat, the statistical office of the European Union, showed that gross domestic product in the eurozone fell by 0.2% during the second quarter of 2012, compared ... Read Full Story »

The European Union’s statistics office, Eurostat, reported this morning that industrial production among the 17 members of the Eurozone rose 0.6% month-over-month in May. Compared with May 2011, industrial production ... Read Full Story »